The trend stayed down until 7am EST. From 3am – 7am EST, a new trend change candle formed and changed the trend from down to UP. After 7am EST, the trend remained up the rest of the day.
Today I only looked for short trades until 7am EST. After 7am EST, I only looked for long trades.
News events to watch for today :
- 4:30am EST- UK Claimant Count Change
- 8:30am EST– US Core CPI m/m
3:30am EST– There was a valid entry here but because it was close to a news event I did not enter. (See video for more explanation)
Trade Result: +0 pips R-Multiple: N/A
News events to watch for tomorrow:
- 4:30am EST- UK Retail Sales m/m
- 6:00am EST– UK CBI Realized Sales
- 8:30am EST– US Unemployment Claims
- 10:00am EST– US Philly Fed Manufacturing Index